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S. 616

Inter-American Development Bank General Capital Increase Act of 2021

Inter-American Development Bank General Capital Increase Act of 2021

This bill requires the President to support and coordinate diplomatic engagement to secure a 10th general capital increase for the Inter-American Development Bank (IDB) and to support the creation of an environmental fund and financing facility at the IDB. The bill also authorizes the U.S. Governor of the IDB to vote in favor an $80 billion increase in the capital stock of the IDB and to subscribe on behalf of the United States to additional shares of this capital stock.

Read twice and referred to the Committee on Foreign Relations.

Sen. Menendez, Robert [D-NJ](D-NJ)Sponsor
4 cosponsors2 D2 R
4cosponsors1committees2actions21subjects
  1. IntroReferral

    Read twice and referred to the Committee on Foreign Relations.

    Foreign Relations Committee
  2. IntroReferral10000

    Introduced in Senate

Inter-American Development Bank General Capital Increase Act of 2021 — Informed